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you are jack welch. jack, you have to take this opportunity while everybody is listening to you to actually, say, yes, anderson, i am taking that tweet back and send a new tweet to say, i was exaggerating. there are problems bls should look into it, but throw out an accusation, that is like asking the government -- >> look at this. we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them had a number below 8.1. >> the bureau of labor statistics, which determines the unemployment number is a nonpolitical and independent agency, by the way. >>> hundreds, if not thousands of convicted criminals could go free, all because of this chemist. the outrageous allegations about a massachusetts drug lab. >> i'm dr. sanjay gupta. meet jennifer, founder of code for america. it's kind of a peace corps for geeks. >> most people have seen that geek s have whicchanged the wor much in the past 10, 20 years, they haven't changed government yet. we get peopl
you are jack welch. jack, you have to take this opportunity while everybody is listening to you to actually, say, yes, anderson, i am taking that tweet back and send a new tweet to say, i was exaggerating. there are problems bls should look into it, but throw out an accusation, that is like asking the government -- >> look at this. we had 25 economists polled before this number came out. the average number they expected was about 115,000. not one of them had a number below 8.1. >>...
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Oct 5, 2012
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you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen has three polls showing a dead heat in battle ground states, hai, virginia, florida. even the liberal magazine "the new yorker" sees it on their front cover, mitt romney pulling a clint eastwood, debating an empty chair. first up, it was the tweet that was heard around the world. my good friend jack welch set off a social media firestorm. take a look at his tweet. "unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers, end quote. he's chase by accusing the white house of skewing the data to help president obama. earlier on cnbc, u.s. la
you have jack welch, what else is cooking? >> 7.8% unemployment. is this magic number of president obama for real or was it cooked? good evening, i'm larry kudlow. this is "the kudlow report." team obama doing a victory lap, rejoicing over the 7.8% victory lap. my guest, jack welch, is questioning whether the numbers were cooked to help president obama. mr. welch will respond live and talk to me in a moment. this whole thing comes as the romney roll continues. scott rasmussen...
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Oct 6, 2012
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here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything to change the numbers. you just said it in your tweet. >> i want to raise the question of these numbers. >> you do raise the question. >> because these numbers defy logic. they defy logic. >> so susan, more people from your party have latched onto this concept. is it embarrassing? is it true? is it ridiculous? >> it's shocking. when i first saw that tweet i thought he was kidding around. then to see him double down on chris matthews was frankly surprising. and i don't think many serious people take that statement seriously. that being said, it's amazing how much flack he's gett
here's what jack welch, former ceo of g.e. was talking about when he talked about the tweet that questioned the veracity of the 7.8% jobs number. he was on "hardball" chris matthews. >> do you mean it's a coincidence or you have evidence there was corruption? >> i have no evidence of corruption. none whatsoever. >> so these chicago guys had nothing to do with the numbers? >> i don't know that. >> why did you say that? these chicago guys will do anything...
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welch. what does it say about partisanship in the country? >> it says that it starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a boost in the wake of a terrible debate performance. but bottom line, it's a sign that the trend is moving away from the debt sweep we've dealt with. >> let me pick up on that. some democrats are saying what debate? how much of a boost does it really give the president, given the lackluster nature of his performance the other night? >> it doesn't give the president a do-over. he had a lousily first debate. that hurts. it's not determinative. the economy's issue number one. this is a boost. it helps change the top
welch. what does it say about partisanship in the country? >> it says that it starts to rot people's brains. the theory is just -- we need a good name for this. i nominate job nutters. but this really is ridiculous. this is -- first things first, this is good news for the country. and, yes, it benefits the president because it adds to argument. it takes away the argument that unemployment rate's been over 8%. it's a positive sign for the country. and frankly, it gives the president a...
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Oct 7, 2012
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jack welch, the former chairman of ge said unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july. our unemployment rate has come down because for -- since president obama took office for every new job created more than six workers have left the labor force. if labor force participation was what it was when the president took office, unemployment would be around 10.7%. these jobs that were added in september were largely part-time jobs. so we still have 23 million american, that number has not changed at all, would are either unemployed or out of work entirely or are underemployed working or out of the workforce entirely or underemployed working part time instead of f
jack welch, the former chairman of ge said unbelievable jobs numbers. these chicago guys will do anything. can't debate so change numbers. steve forbes follows up and says welch is right. does governor romney put any stock in those theories and have any suspicions at all about the bls numbers? >> george, the numbers themselves are very damning. when you look at it, we had fewer jobs created in september than were created in august, fewer jobs created in august than were created in july....
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today with this tweet from former ge ceo jack welch. he wrote, unbelievable jobs numbers, these chicago guys will do anything. can't debate so change numbers. >> i wish i could say that the assertion that the obama campaign in chicago convinced the labor department to cook the books was universally decried. it was not. we have much more on the birth of the jobbers, a new american conspiracy theory coming up later in the show. for now the presidential campaign has been reshaped in a number of ways. is is the way obama achieved this milestone is very nonsocialist, actually. under obama the economy has created about 967,000 private sector jobs. so if obama is in fact a socialist, he's not very good at it. second in, romney's standard stump speech, we've now had quote 43 street months with unemployment over 8%. we are now under 8%. and third, this is probably the most important for the campaign. the debate was only two days ago. today is friday. the debate was wednesday. but this is a big enough jobs report, striking enough, that it has tur
today with this tweet from former ge ceo jack welch. he wrote, unbelievable jobs numbers, these chicago guys will do anything. can't debate so change numbers. >> i wish i could say that the assertion that the obama campaign in chicago convinced the labor department to cook the books was universally decried. it was not. we have much more on the birth of the jobbers, a new american conspiracy theory coming up later in the show. for now the presidential campaign has been reshaped in a number...
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more about jack welch and g.e. and accurate numbers more in this show later. we have an interview with cnbc. >> we have a very professional civil service organization where you have top, top economists that work at the bls. it's really ludicrous to hear that kind of statement. >> eliot: and the always wise economic adviser had this message for jack welch. i quote love you jack, but here you've lost your mind. what a coincidence joining me now is austan goolsbee, former chairman of president obama's council of economic visors. conspiracy theories running wild, and how you generate them. what is your take on this. >> okay, the numbers come from iron fortress, somewhere in the bls. it's absolutely and totally ridiculous to say some how some political people changed the numbers in bls. it makes no sense whatsoever. look i'm friends with jack welch. he's a great guy. i have no idea what he's talking about. this is birtherrest crazy stuff. i don't know how you get--the same people saying that it's outrageous that the survey showed a lot more jobs than expected this
more about jack welch and g.e. and accurate numbers more in this show later. we have an interview with cnbc. >> we have a very professional civil service organization where you have top, top economists that work at the bls. it's really ludicrous to hear that kind of statement. >> eliot: and the always wise economic adviser had this message for jack welch. i quote love you jack, but here you've lost your mind. what a coincidence joining me now is austan goolsbee, former chairman of...
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>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss the first cousin of the birther movement, the jobbers. and a look at america's trust issues next on "now." [ female announcer ] most whitening strips promise full whitening results in two weeks or more. rembrandt® deeply white™ 2 hour whitening kit is proven to quickly remove surface stains and deep stains in just two hours. [ female announcer ] rembrandt® deeply white™: whiten in just 2 hours. >>> shortly after the bureau of labor statistics released the monthly jobs report friday showing the unemployment rate dropping to 7.8% former ge ceo got the jobber conspiracy theory going with a tweet sugges
>>> former ceo jack welch was the first to say there was a conspiracy with the jobs report. he claimed the chicago guys fiddled with the numbers but that didn't stop him from doubling down. >> i know these numbers are gathered by a series of wild assumptions. maybe they weren't right at 8.5, at 8.4. but it seems coincidental that one month before the election they would end up at 7.8. i don't want to take back one word of that tweet. >> remind you of anything? we'll discuss...
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jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think bls cooked numbers. i think a bunch of dems lied about getting jobs. that would have the same effect. that was from a senior writer at something called the washington examiner, a conservative thing online. eric bolling who is at fox news, he wrote, wow. obama labor department smarter than all 25 of america's top economists. or something far more inside ous. i don't know. then there was this from conservative talk radio host laura ingram. quote, jobs numbers from labor secretary hilda solis are total pro obama propaganda. just looking on twitter you could see the ground swell on the right that th
jack welch accusing the white house of manipulating this month's jobs data so it would look better for the president. always up for a good conspiracy theory republican congressman alan west of florida concurred and wrote, quote, in regards to today's jobs report i agree with former ge ceo jack welch. chicago style politics is at work here. from there it was sort of off to the races. republican congressman paul brown of georgia, quote, september jobs report raises questions. quote, i don't think...
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i'm going to play you what jack welch had to say today. listen to this. >> these numbers don't smell right when you think about where the economy is right now. it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> first, it's not actually ironic. but, i think this is what it's been really about. it doesn't sort of if fit jack welch's sense of economy smell. it feels a little off to poem. you deal with numbers every single month. so how do they feel to you? does this feelt like a surprising report to you? >> it was surprising. it was better than most people were expecting. it was better than any of the forecasters on wall street were predicting. but that happens sometimes. there's a reason they do these studies. if we already knew what was going to happen, there wouldn't be a point to doing it. and sometimes there's going to be surprises. the truth is, you alluded to this. a lot of the numbers are more consistent with what we're seeing in the economy. the payrolls number,
i'm going to play you what jack welch had to say today. listen to this. >> these numbers don't smell right when you think about where the economy is right now. it's just ironic that these assumptions all came this way the month before the election. you draw your own conclusions. >> first, it's not actually ironic. but, i think this is what it's been really about. it doesn't sort of if fit jack welch's sense of economy smell. it feels a little off to poem. you deal with numbers every...
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rick, what do you make of what happened to him, to jack welch? >> well, again, you know, i think what we just heard from charles, who is a prominent liberal, is exactly part of i think this problem, is that we whittle around the fact that when liberals are intolerant, we can't say it for some reason. we have to pretend like it's -- everyone is intolerant and we just can't say look, it's wrong to go after stacey because she's decided as a black woman to support mitt romney. >> who didn't say that? i just said that. >> let me finish. >> what are you talking about? i just said that. >> you actually didn't say that. >> i said it was wrong to go after stacey. are you seriously saying that i didn't say that? >> what i'm saying, charles, is that you can't just say that intolerance exists. what you need to be able to do is say when liberals are intolerant that it's wrong and call them out on it. you are somebody who they look up to. if you said it, if you called it out without having piers morgan pull it out of you, it -- >> nobody pulled anything out of
rick, what do you make of what happened to him, to jack welch? >> well, again, you know, i think what we just heard from charles, who is a prominent liberal, is exactly part of i think this problem, is that we whittle around the fact that when liberals are intolerant, we can't say it for some reason. we have to pretend like it's -- everyone is intolerant and we just can't say look, it's wrong to go after stacey because she's decided as a black woman to support mitt romney. >> who...
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. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad to make the argument. >> do you think that either of these things, in the last 24 hours, barack obama's very lackluster, surprisingly poor debate performance, or these job numbers today, do either of them constitute in any form a kind of game change moment? >> i think the debate certainly does. americans watched those debates that may not watch the next two, that saw a mitt romney that was a direct contradiction to the hundreds of millions of dollars worth of attack ads, especially in swing states, that the obama campaign has spent painting mitt romney as some kind of insen
. >> jack welch has said today unbelievable job numbers, he tweeted. the chicago guys will do anything, can't debate so they change the numbers. is there any merit to the argument that these numbers aren't quite what they seem? >> i would be very cautious about saying that, piers, unless i had some kind of substantialation to it and of course, we don't want to sound like sour grapes over what is good news for america. somebody would have to show me the facts and then i would be glad...
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former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response. >> it is noticeable that a lot of economist are saying this is not possible. you would need more than 114,000 jobbings. i don't think it matters except to broadcasting tv shows or writing for newspaper what number they throw up on the screen. people know they are out of work and in jobs and they are way overqualified for and working part-time. so many people are going out of business and under working now. 23 million unemployed difference does it make? >> the numbers simply write away the 211,000,000 people stopping to look for people. >> oh,
former chairman jack welch is skeptical. meaning that employers added a modest 114,000 jobs and the drop comes at a critical time for the president who is coming off a weak debate performance with romney. joining us is new york times best selling author out with the latest book. ann coulter. at this point in time the president said we will be at 5.6 and enjoying that part of the economy and a more comfortable position and now they are running with this new number. what is your response....
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here is what jack welch said. the data collection system is biased and overstated. i'm not sorry for the heated debates that pursuit. i am not the first to question government numbers and hopefully i will not be the last. what did you make of that whole brouhaha. >> i am not inclined to believe that the numbers were that kind of thing. i think that it is very difficult to do. the bigger issue is whether it was a blip or two, a statistical blip, or whether this is going to be a trend. we are probably not going to know that until after the election. gerri: at least one more data point to come. jonathan, what did you make of getting fired for him. the man ran ge. >> he diverted the attention away from the substance of the numbers because he went back to the integrity of the numbers. 114,000 new jobs is nothing to celebrate. we need 150,000 jobs to absorb all the new college graduates. i was surprised that he diverted from the fact that it was not good job supported all. gerri: that rummy is disturbed by that, a new low in the political season. >> it is very sleazy thin
here is what jack welch said. the data collection system is biased and overstated. i'm not sorry for the heated debates that pursuit. i am not the first to question government numbers and hopefully i will not be the last. what did you make of that whole brouhaha. >> i am not inclined to believe that the numbers were that kind of thing. i think that it is very difficult to do. the bigger issue is whether it was a blip or two, a statistical blip, or whether this is going to be a trend. we...
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howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you came from, talk to the people you grew up with. >> all advice appreciated. we're moving on to win on election day on november 6th. >> it's free. anyway, coming up -- thank you, mr. mayor. coming up, mitt romney attacks president obama on foreign policy saying if he were president, he would heat up and prolong every war front in the world, iraq, afghanistan, syria. more war, continuous war, new wars. that's the romney plan. >>> also, joe the first responder. he's taken guff for his gaffes and been lampooned on "snl" but surprise, surprise, vice president joe biden is the guy who democrats are counting on this w
howard, jack welch was here friday, he did all right. >> i would say it doesn't feel -- i get what the mayor is saying, but it doesn't quite feel like the chorus you're talking about for some reason. speaking of surrogates, what about the entertainment people? they love barack obama. get out of l.a. and get on the road. >> go to your hometown and tell people what you think. never talk out of l.a., never talk out of new york. i say this to every celebrity i know, go home where you...
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jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last night and he said he wouldn't take a word back of that tweet, but he admitted he had no evidence the to back it up. again, there are people on both sides of the aisle who are rushing to defend the integrity of the people who get those numbers together every month, melissa. >> the president said the burden is now on congress. what is it that the president now wants congress to do? >> reporter: congress is not coming back until after the election. that is clear. and the first order of business at the lame duck session is what to do about the fiscal clif
jack welch is almost famous or infamous by now. jack welch, the former ceo of general electric, tweeting out that, you know, the innuendo that the bureau of labor statistics had cooked the books. that was called utter nonsense by the deputy white house spokesman. others, including jared bernstein, who is an economist here until recently in the white house, said that welch should be ashamed of himself. you know, he's sort of out there on an island, jack welch. he was on "hardball" last...
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jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matthews and this is how he explained it. >> i've reviewed 14 businesses this week. from restaurants to widgets. i have seen everybody with a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a g.d.p. going at 4% to 5%. the second quarter was downgraded from 1.7% to 1.3%. the third quarter is not going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the analysis. >> one of the most important ceos in america. formerly of general electric. does this ring true? >> well, it rings true to me. since it's a survey, is this outside of the statistical bounds of their survey, which is plausible but irrelevant. but you have a president who says last budget got zero votes in the last senate. z
jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matthews and this is how he explained it. >> i've reviewed 14 businesses this week. from restaurants to widgets. i have seen everybody with a third quarter equal to or weaker than the first quarter. in order to get 873,000 new jobs, you would have to have a...
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so you have a president of the united states so deeply distrusted, by people like jack welch, who is hardly a right winger. welch is one of the most successful businessman in america. welch instantly assumes this is the chicago machine. it's worth looking at. >> this has been, this is really making me crazy. the federal reserve gets questioned now for politics these days. the supreme court and john roberts gets questioned. we have corroded what we're doing. we are corroding trust in our government in a way, and one time responsible people are doing, to control it. and the idea that donald trump and jack welch, rich people with crazy conspiracies can get traction on this. is a bad, is a bad trend. >> i assume david there's a number of people that believe the real unemployment report is somewhere in a safe in nairobi with the president's kenyan birth certificate. this stuff is absolutely crazy. the notion quite frankly that somebody as well respected as jack welch would go on television and single-handedly embarrass himself for the entire day of friday, by saying somehow that these sta
so you have a president of the united states so deeply distrusted, by people like jack welch, who is hardly a right winger. welch is one of the most successful businessman in america. welch instantly assumes this is the chicago machine. it's worth looking at. >> this has been, this is really making me crazy. the federal reserve gets questioned now for politics these days. the supreme court and john roberts gets questioned. we have corroded what we're doing. we are corroding trust in our...
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want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications wrote stories critical of what he had said. >> i wrote a critical story. sister publication. >> just for the record was totally insane. >> totally insane conspiracy theory, one of many floating out there. the repercussions -- >> also in the same piece asked to see obama's birth certificate. >> yes. >> i think his college records he's looking for now. >> how will jack welch pay the represent now? >> we're all worried. >> i'm sure you'll be taking up jobbers and birthers in your -- >> just become 47%. >> i am open to take that job if they need someone. >> thank you to my panel, john, rana, kamal and david's ebook,
want to talk about the jack welch. do we have that confirmed? i don't know that we do. jack welch may have resigned -- >> we don't have it confirmed. >> this is how we do things on fx. >> tweet about it right. >> i read the story. a story in fortune that says jack welch has resigned from his columnist job at fortune and reuters in the wake of the conspira his conspiracy tweet. >> it appears that he -- appears he was miffed about the fact that those publications...
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. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the establishment survey it's called services and government is about 150,000 there is a lot of volatility. people going around saying this hasn't happened in 30 years. >> bill: in your opinion though, there are more jobs being added pushed from full time into part time. they are younger, less educated. unskilled. lower paying. >> if you are working part time you come off the unemployment rolls, that goes into the unemployment rate. that's a legitimate thing to talk about this is important. 14.7% unemployment when you include the marginally attached to the workforce. that is precisely the same number as the pr
. >> jack welch. >> jack welch say they were fixed or something? >> he said definitely those guys from chicago they can't debate so they're cooking the books. >> bill: do you take that seriously? >> no. i do not take it seriously. i have to say jack welch gave us a good laugh because he he was serious. >> bill: welch believes these are bogus numbers? >> that's what he said. it's the kind of nonsense what's really book here. 50,000 they survey the...
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you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions. >> some report there are numbers that will come out on the eve of the election. >> you know, these are volatile figures and sometimes have to be revised. but to go and charge that the administration had manipulated this for political gain, don't you need some evidence for that? >> think it's unfortunate that jack welch who has this storied business career now appears to be stark raving mad in the donald trump category and i think this reaction is what it should have been even from a lot of people on the right and said, now, come on, you can argue about certain things but if they wanted to cook the b
you have jack welch who euned to own nbc, the majority owner. he said this is unbelievable. the chicago guys will do anything to change the numbers. let's take a look at welch mareking his roumts and some at fox news picking up on the idea that they can't be trusted. >> look. i don't know what the right number is, but i'll tell you these numbers don't smell right when you think about where the economy is right now. >> there is widespread mistrust because there are contradictions....